Last update: Oct 2026

Cost of Living Comparison Between Panama City and Maple Ridge

For one person, living is cheaper in Panama City: $1,855 a month against $2,507 in Maple Ridge, rent and utilities included – about $7,800 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
123

Cost of Living Index in Maple Ridge
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Maple Ridge Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Maple Ridge

🇨🇦 Canada

$2,507

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Maple Ridge

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Panama City and in Maple Ridge actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,855 in Panama City versus $2,507 in Maple Ridge.

Panama City $1,855
Maple Ridge $2,507

Estimated couple costs with rent: $2,804 in Panama City versus $3,662 in Maple Ridge.

Panama City $2,804
Maple Ridge $3,662

Monthly costs for a family of three with rent: $3,753 in Panama City versus $4,817 in Maple Ridge.

Panama City $3,753
Maple Ridge $4,817

Living in Panama City costs roughly 26% less than in Maple Ridge, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Panama City 37% above, Maple Ridge 86% above.

Meal at Budget Restaurant

$11.63 PAB 11.63

$17.26 CA$24.40

-32.62%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$62.6 CA$88.5

-23.43%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$11.24 CA$15.89

-29.18%

Cappuccino

$4.22 PAB 4.22

$3.75 CA$5.30

12.53%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.01 PAB 2.01

$1.94 CA$2.75

3.61%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$1.56 CA$2.21

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$5.08 CA$7.18

-33.27%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$3.40 CA$4.81

15.88%

Milk (1 liter)

$1.85 PAB 1.85

$2.67 CA$3.78

-30.71%

White Bread (500g)

$2.56 PAB 2.56

$2.14 CA$3.02

19.63%

Rice (white) (1kg)

$3.48 PAB 3.48

$2.56 CA$3.63

35.94%

Eggs

$2.69 PAB 2.69

$3.50 CA$4.95

-23.14%

Local Cheese (1kg)

$12.57 PAB 12.57

$10.94 CA$15.46

14.90%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$10.80 CA$15.27

-36.76%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$16.80 CA$23.74

-37.02%

Apples (1kg)

$4.18 PAB 4.18

$3.63 CA$5.13

15.15%

Banana (1kg)

$1.83 PAB 1.83

$2.39 CA$3.38

-23.43%

Oranges (1kg)

$4.20 PAB 4.20

$3.55 CA$5.02

18.31%

Tomato (1kg)

$4.03 PAB 4.03

$3.93 CA$5.55

2.54%

Potato (1kg)

$3.48 PAB 3.48

$3.33 CA$4.71

4.50%

Onion (1kg)

$4.22 PAB 4.22

$2.08 CA$2.93

102.88%

Lettuce (1 head)

$2.41 PAB 2.41

$2.30 CA$3.25

4.78%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$2.23 CA$3.16

-24.22%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$14.13 CA$19.97

-56.55%

Wine (Bottle)

$11.30 PAB 11.30

$13.05 CA$18.45

-13.41%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$2.95 CA$4.17

-51.86%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$4.23 CA$5.98

-35.46%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$1.94 CA$2.74

-82.99%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$79.1 CA$112

-73.17%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$2.57 CA$3.63

-1.95%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.49 CA$2.11

24.83%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$27.63 CA$39.06

-21.17%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.27 CA$1.80

-1.57%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.2K PAB 21.2K

$27.7K CA$39.2K

-23.44%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.0K PAB 21.0K

$18.3K CA$25.9K

14.79%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$130 PAB 130

$188 CA$266

-31.03%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$28.13 PAB 28.13

$64.5 CA$91.2

-56.39%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$80.1 CA$113

-39.78%

Gym Membership (Monthly)

$45.78 PAB 45.78

$47.82 CA$67.6

-4.27%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$13.87 CA$19.60

151.77%

Cinema Ticket

$8.67 PAB 8.67

$10.31 CA$14.58

-15.91%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$544 PAB 544

$1,061 CA$1,499

-48.69%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$10.6K CA$15.0K

-8.59%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$57.2 CA$80.9

16.63%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$39.52 CA$55.9

24.34%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$90.4 CA$128

3.83%

Men's Leather Business Shoes

$112 PAB 112

$124 CA$175

-10.13%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$1,341 CA$1,896

-6.25%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$1,231 CA$1,740

-28.92%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$2,427 CA$3,430

-11.19%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$2,056 CA$2,906

-23.93%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$5,697 CA$8,054

-45.20%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$3,554 CA$5,025

-51.91%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$3,050 CA$4,312

-69.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

4.64

37.72%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Panama City: October 10, 2026

Last update for Maple Ridge: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Panama City

$875 47.2%

Maple Ridge

$1.2K 49.1% 40.7% $356

Groceries & Markets

Panama City

$325 17.5%

Maple Ridge

$375 15% 15.4% $50

Eating Out

Panama City

$207 11.1%

Maple Ridge

$263 10.5% 27.3% $56

Monthly Utilities & Internet

Panama City

$206 11.1%

Maple Ridge

$333 13.3% 61.4% $127

Clothing & Footwear

Panama City

$145 7.8%

Maple Ridge

$140 5.6% 3.1% $4.5

Sport & Entertainment

Panama City

$63 3.4%

Maple Ridge

$68 2.7% 8.4% $5.3

Getting Around

Panama City

$34 1.9%

Maple Ridge

$97 3.9% 182% $63

Cost Breakdown

A one-bedroom apartment in the center runs $1,257 in Panama City and $1,341 in Maple Ridge. Housing cost is often the main lever when comparing two cities.

Maple Ridge pays 233% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $48.00 in Panama City vs $63.0 in Maple Ridge for a mid-range dinner for two. Groceries echo the gap at $325 vs $375 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇨🇦 Maple Ridge

🕒 Local time

19:52 7:52 PM

17:52 5:52 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

90,990

💱 Currency

Panamanian Balboa PAB B/.

Canadian Dollar CAD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to PAB in detail →

On the map

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Between locations

Panama City Maple Ridge 5,990 km ≈ 8 h nonstop flight

From you

Panama City
Maple Ridge

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Panama City vs Maple Ridge: Cost of Living - Frequently Asked Questions

Panama City is cheaper overall, especially in groceries, eating out, and utilities. The 35% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 233% lower in Maple Ridge. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,257 in Panama City versus $1,341 in Maple Ridge. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 15% higher in Maple Ridge. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Panama City – a meal for two runs $48.00 versus $63.0 in Maple Ridge. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,855 in Panama City versus $2,507 in Maple Ridge, a $2,500 budget is realistic in Panama City but tight or insufficient in Maple Ridge. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Maple Ridge, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Panama City and Maple Ridge are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Panama City gentler on the wallet – expenses run 35% less than in Maple Ridge. Beyond cost, consider language, visa policies, and how big the international community is in each city.